WebNov 17, 2016 · The BISG proxy predicts the reported race/ethnicity the best as judged by prediction bias, correlation coefficient, and discriminatory power. In assessing fair lending risks where classification of race/ethnicity is called for, we propose the BISG maximum classification, which produces a more accurate estimation of mortgage pricing disparities ... WebDec 6, 2015 · Answer: BISG stands for "Bayesian Improved Surname Geocoding." It is the algorithm and process regulators, including the CFPB, use for assigning gender and …
Full article: Using First Name Information to Improve Race and ...
WebBayesian Improved Surname and Geocoding (BISG) is a methodology developed by the RAND Corporation that can help U.S. organizations produce accurate, cost-effective … WebMBISG 2.0 is used in CMS' public reporting of Medicare Advantage contract HEDIS measures stratified by race/ethnicity for Hispanics, Whites, API, and Blacks. MBISG 2.0 represents a substantial improvement over MBISG 1.0 and the use of CMS administrative data on race/ethnicity alone. greenberg train shows schedule
Sugat Chaturvedi on Twitter: "@AllbriteAllday We infer race…
WebApr 12, 2024 · Proxies for race are commonly used in settings where race cannot be observed directly. In the context of small business lending, we examine the standard race prediction algorithm (BISG), which regulators use to assess compliance with fair lending laws. The algorithm relies on an individual’s name and geographical location. WebThe new Bayesian Improved First Name Surname Geocoding (BIFSG) method is validated using a large sample of mortgage applicants who self-report their race/ethnicity. BIFSG … WebFeb 16, 2024 · Information on consumer race and ethnicity is required to conduct fair lending analysis of non-mortgage credit products, but auto lenders and other non-mortgage lenders are generally not allowed to collect consumers’ demographic information. As a result, substitute, or “proxy” information is used to fill in information about consumers ... greenberg train show timonium 2021